2019 BMW X3 xDrive Lease Equity, Best option?

Ask the Hackrs Buy/Finance
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I’m currently leasing a 2019 BMW X3 xDrive with 14.9k miles and ending in early May. Today’s buyout is $33.2k and KBB Trade is $38K to $41K and Private Party is $41K to $44K.

  1. I want to unlock the lease equity. What is the best option for me?
  2. Should I purchase the vehicle and sell it to CarMax, Vroom, Carvana?
  3. If I purchase at $33.2K and sell the car, what is my tax implications?
  4. If/when I can unlock the lease equity, I want to use that as a downpayment for a used or a new car.

Trying to understand my best options for me.

Thanks!

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A post was merged into an existing topic: Positive equity and replacement options in the current market